What's the Story
Public employee pensions are crippling our state. California's expenditures on public pensions will be over $25 billion annually in the near future. This is as much as the government spends on the environment, labor, consumer protection, higher education, and corrections combined. Something needs to change, and recent cuts have only slashed core services, while pension benefits continue to cost the state more each year. This problem is the result of back-door deals between politicians and public employee union leaders (who donate millions annually in Sacramento). It is hurting taxpayers who are paying more for public pensions and it will hurt public employees who have been made unrealistic promises that cannot continue to be promised or fulfilled.
What's At Stake
This will be the annual employer contribution and is computed in Joe Nation's SIEPR report on California's pension systems (assuming a 6.2 percent investment rate of return) prepared with the assistance of CACS researchers, available at www.siepr.stanford.edu. This is an unjust and unsustainable burden to taxpayers who deserve better. Vote to FixIt!
What You Can Do
What You Can Do
When you vote to FixIt! you let your elected officials know you care. Elected officials will listen and respond when many people vote to FixIt!
Thanks for Voting to FixIt!
Elected officials will respond if enough people Vote to FixIt! Please take these next steps to help build a movement for reform!
Step 1: Share with your Friends!The fastest way to help the cause is to share using social media.
Step 2: Get Others to Vote!Invite your Facebook friends to Vote To FixIt! using cacs.org.
Step 3: Send Targeted Emails!Get more friends involved in the movement for reform.